The problems of efficiency of social production in the conditions of global economic turbulence

Abstract

The goal of this article consists in the analysis of current trends of the global economy, as well as forecast of their impact upon the global and domestic social production. Geopolitical and geoeconomic conditions for the functionality of global economy, established as a result of spread of coronavirus infection, impact social production of the national economies. The subject this research is the socioeconomic ties and relations that emerge in the context of transformation of global economy, resulting from shift in global economic and technological modes. The information framework for this work is comprised of the regulatory strategic documents and statistical databases. The conducted research demonstrates the impact of technological and global economic factors upon the efficiency of social production. The analysis of the global economic conjuncture reveals the two polar alternatives of the transformation of global economy: strengthening of globalizational processes, or setback in globalization and focus on regionalization of the world economy. The effect of consolidation of the countries in the context of the new world order upon the principles of sovereignty of national economies is described. The author indicates the discrepancy of objectives of number of strategic documents of the development of Russian economic sectors, namely with regards to the process manufacturing. The author outlines the negative consequences of dependence of the national economy on import of the components on the example of aviation industry.